Wednesday, December 30, 2009

It's the Democrats Stupid!

Peter J. Wallison: The Price for Fannie and Freddie Keeps Going Up - WSJ.com: "Fannie and Freddie's congressional sponsors—some of whom are now leading the administration's effort to 'reform' the financial system—have a lot to answer for. Rep. Barney Frank (D., Mass.), chairman of the House Financial Services Committee, sponsored legislation adopted in 2008 that established a new regulatory structure for the GSEs. But by then it was far too late. The GSEs had begun buying risky loans in 1993 to meet the 'affordable housing' requirements established under congressional direction by the Department of Housing and Urban Development (HUD)."

Sunday, December 27, 2009

Power Line - Hillary Clinton -- wrong time, wrong place

Power Line - Hillary Clinton -- wrong time, wrong place: "The Post points out that Clinton seems to be heading down just this road in her dealings with the Arab world. In a recent speech in Morocco, for example, her focus was on education, science and technology, and 'entrepreneurish,' and she did not mention democracy. This is not surprising, since democracy -- missing from the 'three D's' in her stock speech -- is clearly an afterthought for Clinton, invoked perhaps to bring her talking points into line with Obama's Oslo utterances.

Hillary Clinton isn't much a Secretary of State, but she would have made an excellent Commissar."

Saturday, December 26, 2009

ICECAP

ICECAP: "It is crucial that scientists are factually accurate when they do speak out, that they ignore media hype and maintain a clinical detachment from social or other agendas. There are facts and data that are ignored in the maelstrom of social and economic agendas swirling about Copenhagen."

Tuesday, December 8, 2009

Chicago Boyz � Blog Archive � Journalists and Rocket Scientists

Chicago Boyz � Blog Archive � Journalists and Rocket Scientists: "In 1920, Robert Goddard was conducting experiments with rockets. In an editorial, The New York Times sneered at Goddard’s work and particularly at the idea that a rocket could function in a vacuum:

That Professor Goddard, with his ‘chair’ in Clark College and the countenancing of the Smithsonian Institution, does not know the relation of action to reaction, and of the need to have something better than a vacuum against which to react – to say that would be absurd. Of course he only seems to lack the knowledge ladled out daily in high schools."

Chicago Boyz � Blog Archive � Journalists and Rocket Scientists

Chicago Boyz � Blog Archive � Journalists and Rocket Scientists: "In 1920, Robert Goddard was conducting experiments with rockets. In an editorial, The New York Times sneered at Goddard’s work and particularly at the idea that a rocket could function in a vacuum:

That Professor Goddard, with his ‘chair’ in Clark College and the countenancing of the Smithsonian Institution, does not know the relation of action to reaction, and of the need to have something better than a vacuum against which to react – to say that would be absurd. Of course he only seems to lack the knowledge ladled out daily in high schools."

Sunday, December 6, 2009

FOXNews.com - EPA Set to Declare Carbon Dioxide a Public Danger

FOXNews.com - EPA Set to Declare Carbon Dioxide a Public Danger: "WASHINGTON - The U.S. Environmental Protection Agency will early next week, possibly as soon as Monday, officially declare carbon dioxide a public danger, a trigger that could mean regulation for emitters across the economy, according to several people close to the matter.

Such an 'endangerment' decision is necessary for the EPA to move ahead early next year with new emission standards for cars. EPA Administrator Lisa Jackson has said it could also mean large emitters such as power stations, cement kilns, crude-oil refineries and chemical plants would have to curb their greenhouse gas output."